How Do I Set a Sell Stop Order on MT4? - What is a Sell Stop Order in MetaTrader 4?
The example below explains how to set a sell stop order in MT4 software.
A sell stop order is an order to sell a forex currency pair at a price that's below the existing market price.
Setting Sell Stop Forex Orders in MetaTrader 4 Platform
- Open a Forex Trading FX Trading Chart
- Right Click on Chart to open the Trade 'Order' Window Panel
- On the Trade Order Panel, Select Pending Order as shown below
- Select Pending order Type as Sell Stop as Show below
- After selecting Sell Stop - Click 'Place' Order and specify the sell stop price level where the order will be opened
Steps to Setting Sell Stop Orders on MetaTrader 4 - How Do I Set a Sell Order on MT4?
